{"title":"HIGH-SPEED RAIL AND TOURISM EXPANSION IN CHINA: A SPATIAL SPILLOVER EFFECT PERSPECTIVE","authors":"Fan Zhang, Feng Wang, Shujie Yao, Fanjie Fu","doi":"10.3846/tede.2023.19813","DOIUrl":null,"url":null,"abstract":"Tourism exerts a great effect on the modern economy and relies largely on the flow of people facilitated by high-quality transportation infrastructure. Applying a spatial econometric method, this paper investigates the effect of high-speed rail (HSR) on tourism expansion in China from the view of the spatial spillover effect. Based on a 276 Chinese cities’ panel dataset over 2005–2019, a positive role of HSR in tourism expansion is observed. Compared with cities unconnected to the HSR network, cities accessible by HSR experienced a 22% increase in tourism revenue and a 38% rise in tourist arrivals. In addition, the connection of a city to the HSR network also exerts a great spatial spillover role in the increase of tourism revenue and arrivals in peripheral cities which are not directly connected by HSR. The research findings offer important insights on the relationship between transportation infrastructure and tourism with significant policy implications regarding tourism development.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"346 1‐2","pages":"0"},"PeriodicalIF":4.8000,"publicationDate":"2023-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Technological and Economic Development of Economy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3846/tede.2023.19813","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Tourism exerts a great effect on the modern economy and relies largely on the flow of people facilitated by high-quality transportation infrastructure. Applying a spatial econometric method, this paper investigates the effect of high-speed rail (HSR) on tourism expansion in China from the view of the spatial spillover effect. Based on a 276 Chinese cities’ panel dataset over 2005–2019, a positive role of HSR in tourism expansion is observed. Compared with cities unconnected to the HSR network, cities accessible by HSR experienced a 22% increase in tourism revenue and a 38% rise in tourist arrivals. In addition, the connection of a city to the HSR network also exerts a great spatial spillover role in the increase of tourism revenue and arrivals in peripheral cities which are not directly connected by HSR. The research findings offer important insights on the relationship between transportation infrastructure and tourism with significant policy implications regarding tourism development.
期刊介绍:
Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research:
systems for sustainable development,
policy on sustainable development,
legislation on sustainable development,
strategies, approaches and methods for sustainable development,
visions and scenarios for the future,
education for sustainable development,
institutional change and sustainable development,
health care and sustainable development,
alternative economic paradigms for sustainable development,
partnership in the field of sustainable development,
industry and sustainable development,
sustainable development challenges to business and management,
technological changes and sustainable development,
social aspects of sustainability,
economic dimensions of sustainability,
political dimensions of sustainability,
innovations,
life cycle design and assessment,
ethics and sustainability,
sustainable design and material selection,
assessment of environmental impact,
ecology and sustainability,
application case studies,
best practices,
decision making theory,
models of operations research,
theory and practice of operations research,
statistics,
optimization,
simulation.
All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.